Qingdao Weflo Valve Co., Ltd. (SHE:002871)

Qingdao Weflo Valve Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	642.11	575.9	567.37	534.96	411.75	343.35
Other Revenue	2.58	2.58	2.84	5.18	3.41	1.24
Revenue	644.69	578.47	570.21	540.14	415.16	344.59
Revenue Growth (YoY)	14.51%	1.45%	5.57%	30.10%	20.48%	-2.99%
Cost of Revenue	386.23	346.14	348.85	340.18	282.2	225.99
Gross Profit	258.46	232.33	221.37	199.96	132.96	118.6
Selling, General & Admin	78.22	73.9	67.12	63.26	49.68	44.08
Research & Development	29.78	26.72	26.33	26.5	24.2	21.24
Other Operating Expenses	3.17	2.19	2.36	4.25	3.86	4.62
Operating Expenses	113.03	102.91	98.55	95.32	80.01	69.79
Operating Income	145.43	129.42	122.82	104.63	52.94	48.81
Interest Expense	-1.94	-0	-0.14	-1.2	-1.02	-0.64
Interest & Investment Income	9.76	8.82	9.69	49.8	16.19	9.74
Currency Exchange Gain (Loss)	6.98	6.98	1.78	8.33	-1.39	-1.24
Other Non Operating Income (Expenses)	-4.24	-1.14	-0.38	-0.45	-0.55	-0.02
EBT Excluding Unusual Items	155.99	144.08	133.77	161.11	66.17	56.65
Gain (Loss) on Sale of Investments	2.57	1.28	7.34	-8.38	-3.37	4.6
Gain (Loss) on Sale of Assets	-0.06	0.01	-1.17	-0.27	0.14	-0.28
Asset Writedown	0.5	-	-	-	0.38	-
Other Unusual Items	1.33	0.58	0.01	2.3	4.21	4.89
Pretax Income	160.32	145.94	139.94	154.75	67.54	65.85
Income Tax Expense	15.62	14.95	19.89	21.13	6.54	7.88
Earnings From Continuing Operations	144.7	131	120.05	133.63	60.99	57.97
Minority Interest in Earnings	-0.46	-0.16	-2.77	2.58	-	-
Net Income	144.23	130.84	117.28	136.21	60.99	57.97
Net Income to Common	144.23	130.84	117.28	136.21	60.99	57.97
Net Income Growth	28.87%	11.56%	-13.89%	123.31%	5.22%	9.41%
Shares Outstanding (Basic)	219	214	221	220	220	222
Shares Outstanding (Diluted)	251	247	221	220	220	222
Shares Change (YoY)	14.29%	11.56%	0.73%	-0.27%	-0.63%	-0.13%
EPS (Basic)	0.66	0.61	0.53	0.62	0.28	0.26
EPS (Diluted)	0.57	0.53	0.53	0.62	0.28	0.26
EPS Growth	12.75%	-	-14.52%	123.91%	5.89%	9.55%
Free Cash Flow	34.56	43.04	76.44	122.85	-8.19	66.31
Free Cash Flow Per Share	0.14	0.17	0.34	0.56	-0.04	0.30
Dividend Per Share	0.400	0.400	0.300	0.231	0.269	0.239
Dividend Growth	14.29%	33.33%	29.98%	-14.26%	12.73%	0.04%
Gross Margin	40.09%	40.16%	38.82%	37.02%	32.03%	34.42%
Operating Margin	22.56%	22.37%	21.54%	19.37%	12.75%	14.16%
Profit Margin	22.37%	22.62%	20.57%	25.22%	14.69%	16.82%
Free Cash Flow Margin	5.36%	7.44%	13.41%	22.74%	-1.97%	19.24%
EBITDA	169.51	153.97	147.98	129.93	76.45	71.46
EBITDA Margin	26.29%	26.62%	25.95%	24.06%	18.41%	20.74%
D&A For EBITDA	24.08	24.54	25.17	25.3	23.5	22.65
EBIT	145.43	129.42	122.82	104.63	52.94	48.81
EBIT Margin	22.56%	22.37%	21.54%	19.37%	12.75%	14.16%
Effective Tax Rate	9.74%	10.24%	14.21%	13.65%	9.69%	11.97%
Revenue as Reported	644.69	578.47	570.21	540.14	415.16	344.59
Advertising Expenses	-	2.02	1.84	0.64	0.55	0.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.